Headline News
Hipgnosis shares spike again as Blackstone enters fray
Shares in Hipgnosis Songs Fund spiked again on Monday when private equity outfit Blackstone made a potential $1. 5bn offer to buy the troubled music rights investor, setting up a bidding war with Concord Chorus.
Quanex to buy Tyman in £788m deal
Tyman said on Monday that it has agreed to be bought by US metal window and door manufacturer Quanex in a £788m cash and stock deal.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Asda underlying profit jumps 24% in 2023
Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.
Anglo American to oppose any Kabwe claim appeal
Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers “misconceived”.
Frasers Group stops FRC from publishing key findings of review - report
Mike Ashley’s Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group’s latest annual report.
Mobico profits fall despite revenue growth
Mobico Group reported a fall in profit in its 2023 results on Monday, below the expectations it set at the start of the financial year, despite continued revenue growth.
UK house prices grow at fastest annual pace in a year - Rightmove
The average asking price of a UK home rose at its fastest annual pace in a year in April, with "top-of-the-ladder" homes seeing the biggest growth in activity, according to a survey released on Monday by property website Rightmove.